Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Transactional prices for US brass scrap rose marginally on Friday, compared to last week, while spreads remained unchanged.


The Davis Index for 360-rod borings was up from $1.765/lb on Feb 7 to $1.780/lb on Friday, while red brass (85:15) increased to $2.08/lb from $2.07/lb. The Index for brass radiators also increased to $1.42lb from $1.40/lb.


The spread for C-200 series copper cash remained unchanged from last week at 12¢/lb under Comex, and the spread for C-200 series zinc cash was flat at 5.5¢/lb.


The next active Comex price increased to $2.62/lb at its close of Thursday from $2.54/lb, on Feb 7, while the three-month LME zinc cash price was flat over the past week closing at 97.64¢/lb on Thursday, from 97.61¢/lb a week ago.

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